Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,037$12,444 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Portage County, WI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Portage County, WI
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $715 | $8,580 | $28,600 | $13.75/hr |
| 1-Bedroom Apartment | $794 | $9,528 | $31,760 | $15.27/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,037 | $12,444 | $41,480 | $19.94/hr |
| 3-Bedroom Home | $1,243 | $14,916 | $49,720 | $23.90/hr |
| 4-Bedroom Home | $1,373 | $16,476 | $54,920 | $26.40/hr |
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Frequently Asked Questions About Rent in Portage County, WI
What is the Fair Market Rent for a 2-bedroom in Portage County, WI?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Portage County, WI is $1,037 per month ($12,444 per year).
What hourly wage is needed to afford rent in Portage County, WI?
To comfortably afford a 2-bedroom apartment at $1,037/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.94 per hour ($41,480/year).
What are the HUD Fair Market Rents by bedroom count in Portage County, WI?
Official 2026 HUD rents in Portage County, WI are: Studio: $715/mo, 1-Bedroom: $794/mo, 2-Bedroom: $1,037/mo, 3-Bedroom: $1,243/mo, and 4-Bedroom: $1,373/mo.
How do HUD Fair Market Rents compare to local incomes in Portage County, WI?
At the local Census ACS median household income of $76,070/year ($6,339/month), the benchmark 2-bedroom Fair Market Rent represents 16.4% of monthly income.
How is the 30% housing affordability standard calculated in Portage County, WI?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,037/month, the required minimum annual gross income is calculated as ($1,037 × 12) ÷ 0.30 = $41,480 per year.